Month: July 2025
Trump lashes out at Republicans over Jeffrey Epstein file demands
President Donald Trump returns to the White House, in Washington, D.C., from Pittsburgh, July 15, 2025. Celal Gunes | Anadolu | Getty Images President Donald Trump on Wednesday sharply criticized the bloc of his own political base that is publicly demanding the release of the so-called Jeffrey Epstein files, calling them “weaklings” whose support he […]
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EU proposes raising defense funding in 2-trillion-euro budget
President of the European Commission Ursula von der Leyen talking to media at the end of a bilateral meeting in the Berlaymont, the EU Commission headquarter on July 13, 2025 in Brussels, Belgium. Thierry Monasse | Getty Images News | Getty Images The European Union’s executive arm on Wednesday put forward a proposal for a […]
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Nvidia CEO Jensen Huang sells another $37 million worth of stock
NVIDIA founder and CEO Jensen Huang speaks during the NVIDIA GTC Paris keynote, part of the 9th edition of the VivaTech technology startup and innovation fair, held at the Dôme de Paris in the Porte de Versailles exhibition center in Paris on June 11, 2025. Mustafa Yalcin | Anadolu | Getty Images Nvidia CEO Jensen […]
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Wholesale inflation measure was unchanged in June
A measure of wholesale prices showed no change in June, providing a conflicting sign over whether tariffs threaten to boost inflation in the coming months. The producer price index was flat, according to seasonally adjusted numbers from the Bureau of Labor Statistics reported Wednesday. Economists surveyed by Dow Jones had been looking for an increase […]
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Market watchers warn Trump might not ‘chicken out’ of 30% tariffs on the EU
Global investors may be underestimating U.S. President Donald Trump’s commitment to follow through on his latest tariff threats, some market watchers have warned. In his latest trade policy update, Trump announced that he would be slapping 30% tariffs on goods imported to the U.S. from the European Union and Mexico from Aug. 1. European markets […]
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Jensen Huang woos Beijing as Nvidia finds a way back into China
Key Points Nvidia CEO Jensen Huang’s Beijing trip this week coincided with news that the company expects the U.S. will let it resume sales of an AI chip to China. Huang walked into the sunny courtyard of the Mandarin Oriental hotel about 15 minutes earlier than scheduled and took multiple questions from reporters. Here’s what […]
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Nvidia CEO Jensen Huang wants to sell more advanced chips to China after H20 ban is lifted
Jensen Huang, chief executive officer of Nvidia Corp., speaks to members of the media in Beijing, China, on Wednesday, July 16, 2025. Na Bian | Bloomberg | Getty Images Nvidia is looking to ship more advanced chips to China than its current generation, CEO Jensen Huang said on Wednesday, as he looks to revitalize sales […]
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Guinness owner Diageo says CEO to step down, names interim successor
Diageo shares up 4% after firm announces departure of CEO Debra Crew Diageo shares were 4% higher at 12:53 p.m. in London (7:53 a.m. ET) after the Guinness and Johnnie Walker owner named Nik Jhangiani as interim chief executive officer. Debra Crew, who has served as CEO of the firm since June 2023, stepped down […]
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